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Property profile & analytics
OFF-MARKET
Commercial real estate

202 2Nd St Smithville, TX 78957

10,510 SF 0.67 ac lot Built 1952
Property ID
Property summary
AI-generated overview

This exceptional 10,510 square foot commercial property presents a unique investment opportunity in the heart of Smithville, Texas. Situated on a 0.67-acre lot in the Central Business District, this property enjoys a highly visible location just one block from Main Street and directly across from the popular Carne Lente restaurant. The existing building offers significant redevelopment potential, making it ideal for a variety of commercial uses. The property's central location ensures high foot traffic and excellent visibility, providing a strong foundation for a successful business venture. Detailed property information, including a comprehensive tax map highlighting all included parcels (highlighted in yellow), and a historical overview from the "Smithville Then and Now" book by Valerie Kite Johnson, are available for review. The legal description of all parcels included in this sale is provided as Exhibit A. This is a rare chance to acquire a substantial commercial property in a thriving Texas town with a rich history and promising future. Serious inquiries are encouraged. The asking price is $625,000. Don't miss this chance to capitalize on this prime downtown Smithville location.

Property profile
Verified
Property type Commercial real estate
Year built 1952
Total area 10,510 SF
Lot 0.67 ac (29,185 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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